Skip to content
ChatProjectCodes

Earlier editions: 2020-112018-112026-09

TITLE 1. CORPORATIONS 100-14707›DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES 12000-14707›PART 5. SMALL BUSINESSES 14000-14024›CHAPTER 1. California Small Business Financial Development Corporations 14000-14024›ARTICLE 4. New Corporations 14005-14012

§ 14009

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

(a) Each corporation shall have provisions establishing a grievance procedure for employees, clients, or potential clients, to appeal a decision or obtain redress of an action done by the staff or loan committee of the corporation. The procedures shall be established in writing during the probationary period of a new corporation.

(b) The bylaws of the corporation shall authorize the removal of officers only by a two-thirds vote of the directors of the corporation.

(Added by Stats. 2013, Ch. 537, Sec. 2. (AB 1247) Effective October 4, 2013.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Corporations Code
California Corporations Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.